1984 vs Today
The purchasing power of the median household has collapsed. See the data from 1984 below.
Labor Multiplier
It is now 1.4x harder to buy a home than in 1984.
Cost of Living: 1984 Prices
1984
Median Income
$22,420
House Price
$79,950
Today
Median Income
$83,730
House Price
$418,975